35 10. On November 1, Yankee Company had 20.000 units of work in process in Department No. 1 which were 20% complete as to conversion costs. During November, 160,000 units were started in The work in process on November 30 was 40% complete as to conversion costs. By what amount would the equivalent units for conversion costs for the month of November differ if the first-in, first-out method were used instead of the weighted average method? (a) 20,000 decrease (b) 16,000 decrease (c) 8,000 decrease (d) 4,000 decrease 11. What are transferred-in costs as used in a process cost accounting system? (a) Labor that is transferred from another department within the same plant instead of hiring temporary workers from the outside. (b) Cost of the production of a previous internal process that is subsequently used in a succeeding internal process. (C) Supervisory salaries that are transferred from an overhead cost center to a production cost center. (d) Ending work-in-process inventory of a previous process that will be used in a succeeding process. 12. Information for the month of January concerning Department A, the first stage of Ogden Corporation's production cycle, is as follows: Work-in-process, beginning Current costs Total costs Direct Materials $ 8,000 40.000 $48.000 Conversion Costs $ 6,000 32,000 $38.000 Equivalent units using weighted average method: 100.000 95.000 $ 0.48 $ 0.40 Equivalent units costs Work completed 90,000 units Work-in-process, ending 10,000 units Materials are added at the beginning of the process and conversion costs are added evenly throughout the process. The ending work-in-process is 50% complete as to conversion costs. How would the total costs accounted for be distributed using the weighted-average method? (a) Work Completed $79,200 $79,200 $86,000 $88,000 Work-In-Process Ending Inventory $6,800 $8,800 $ 0 $6,800 (C)